The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce & Industry, facilitated the first-ever commercial export shipment of dried whole egg powder from Balangir…
Agricultural and Processed Food Products Export Development Authority (APEDA) promotes premium mangoes in Iceland
Key Updates:
- The Agricultural and Processed Food Products Export Development Authority (APEDA) and the Embassy of India in Reykjavik organised the first-ever Indian Mango Promotion Events in Iceland on June 24 in Reykjavik and June 25 in Akureyri.
- The events showcased four premium Indian mango varieties: Dasheri, Chausa, Langra, and Kesar.
- The India-EFTA Trade and Economic Partnership Agreement (TEPA) is expected to facilitate greater imports of Indian mangoes into Iceland.
- India is the world's largest producer of mangoes.
- In 2025, Iceland imported mangoes worth approximately USD 3.3 million, primarily from Thailand, Brazil, Cambodia, Ghana, and Peru, with Thailand accounting for nearly USD 1 million.
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Life Insurance Corporation of India (LIC) has introduced two new joint life insurance savings plans named LIC’s New Jeevan Sathi Single Premium and LIC’s New Jeevan Sathi Limited Premium. Both products are non-par…
Prime Minister Narendra Modi attended the 3rd India-Nordic Summit in Oslo, Norway, alongside the Prime Ministers of Finland, Denmark, Iceland, Norway, and Sweden. The nations established a Strategic Partnership focused…
The European Union (EU) has authorised India to continue exporting aquaculture products, eggs, honey, and animal casings beyond September. The EU notified an amendment to Regulation (EU) 2021/405 due to growing concerns…
Reserve Bank of India (RBI) expands credit derivatives market by introducing credit index derivatives and total return swaps (TRS)
Key Updates:
- The Reserve Bank of India (RBI) issued the Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2026, replacing the February 2022 framework to permit derivatives on credit indices and total return swaps (TRS) on corporate bonds.
- The framework expands credit derivative products to include single-name credit default swaps (CDS), TRS, exchange-traded CDS on credit indices, and futures on credit indices across over-the-counter (OTC) markets and recognised stock exchanges.
- Eligible market-makers include scheduled commercial banks, standalone primary dealers, upper-layer and middle-layer non-banking financial companies (NBFCs), including housing finance companies, and select development finance institutions.
- Institutional investors permitted to act as protection sellers in CDS include insurance companies, pension funds, mutual funds, alternative investment funds, and foreign portfolio investors (FPIs).
- Resident non-retail users are eligible to buy credit protection without purpose restrictions if they possess a net worth of at least ₹500 crore or a turnover of at least ₹1,000 crore.
- Eligible reference assets comprise money market instruments, rated rupee corporate bonds and debentures, and certain unrated infrastructure-related bonds, while asset-backed securities, mortgage-backed securities, credit-enhanced bonds, and convertible bonds are excluded.
- The Fixed Income Money Market and Derivatives Association of India (FIMMDA) is directed to establish a Credit Derivatives Determinations Committee to manage credit, succession, and substitution events and settlement procedures.
- All OTC credit derivative transactions must be reported to the trade repository of the Clearing Corporation of India Ltd (CCIL) within 30 minutes of execution.
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The Reserve Bank of India (RBI) has prescribed a minimum net worth requirement of ₹25 crore for entities seeking authorisation to set up and operate a Trade Receivables Discounting System (TReDS) platform. Existing…
The Reserve Bank of India (RBI) issued amendments to the framework for classification of assets, income recognition, and provisioning, shifting to an Expected Credit Loss (ECL) based approach. The new directions will…
The Reserve Bank of India (RBI) has issued final amendments permitting commercial banks to lend to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). Overseas branches of Indian banks…
The National Stock Exchange of India (NSE) has signed a Memorandum of Understanding (MoU) with Bharat Metal Exchange Ltd. (BME), formerly known as Bombay Metal Exchange Ltd., to promote the development, awareness, and…
National Payments Corporation of India (NPCI) approves jUMPP for UPI services
Key Updates:
- The National Payments Corporation of India (NPCI) has approved jUMPP as a Third Party Application Provider to launch Unified Payments Interface (UPI) services.
- jUMPP is an AI-powered conversational fintech platform focused on simplifying investing and wealth creation.
- The integration of UPI enables users to perform peer-to-peer transfers, merchant payments, bill payments, and recharges.
- The platform provides access to wealth-building options including Digital Gold, Mutual Funds, and Systematic Investment Plans (SIPs).
- Sarvjeet Singh Virk is the Founder and Chief Executive Officer (CEO) of jUMPP.
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The IRDAI has granted regulatory approval to the conversational fintech application jUMPP to commence insurance product distribution. The company secured Corporate Agency and Insurance Self Network Platform (ISNP)…
Viyona Fintech has been certified as a Biller Operating Unit (BOU) under the Bharat Bill Payment System (BBPS) operated by National Payments Corporation of India (NPCI) Bharat BillPay Limited. The BOU certification…
NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has partnered with ACLEDA Bank Plc to enable Unified Payments Interface (UPI) payments in Cambodia.…
Hyderabad-based fintech company VIYONA Fintech has secured NPCI certification for its technology and certification framework across multiple payment infrastructure layers. The certification includes capabilities for UPI…
International Financial Services Centres Authority (IFSCA) approves LEXI Money IFSC Private Limited as Payment Service Provider
Key Updates:
- The International Financial Services Centres Authority (IFSCA) has granted in-principle approval to LEXI Money IFSC Private Limited to operate as a Payment Service Provider at GIFT-IFSC, Gandhinagar.
- The Government of India has set a target to achieve $2 trillion in exports by 2030.
- Estimated exports for the fiscal year 2025-26 stand at $860 billion.
- LEXI will facilitate multi-currency settlements and address challenges regarding delayed GST refunds, unclaimed export incentives, and compliance documentation.
- The company is required to obtain the Certificate of Authorisation to fully operationalise its services at GIFT City.
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Skydo received in-principle approval to operate as a Payment Service Provider (PSP) at the GIFT City International Financial Services Centre (IFSC). The fintech firm secured regulatory approval from the Reserve Bank of…
The Reserve Bank of India (RBI) has granted in-principle approval for a Payment Aggregator-Physical (PA-P) licence to Mobikwik Systems. This approval follows the company's acquisition of a non-banking financial company…
Bengaluru-based Skydo has secured an international payment license in Canada, becoming the first Indian cross-border payments platform to be licensed overseas. The license was granted under the Retail Payment Activities…
The International Finance Corporation (IFC), a World Bank Group arm, has committed USD 371 million to Sify through a sustainability-linked loan. The investment is partnered with Sify Infinit Spaces Ltd (SISL), a…
SBM Bank India and Paisabazaar Launch Paisa+ Credit Card
Key Updates:
- Paisabazaar, a part of PB Fintech, and SBM Bank India have launched the SBM Paisabazaar Paisa+ Credit Card, a Fixed Deposit (FD)-backed credit card.
- The credit card requires a minimum FD starting from ₹2,000 and provides interest rates on the deposit of up to 7% per annum.
- The card offers 1.5% cashback on online spends for FD above ₹10,000, while offline spends and Unified Payments Interface (UPI) transactions above ₹2,000 earn 1% cashback.
- The product features zero joining fees and an annual fee of ₹499, with cashback capped at 500 points per day and 3,000 points per month where one Cash Point equals ₹1.
- SBM Bank India is the first foreign bank to receive a universal banking licence from the Reserve Bank of India (RBI) to operate as a Scheduled Commercial Bank under the Wholly Owned Subsidiary (WOS) model.
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Punjab National Bank (PNB) has partnered with Zaggle Prepaid Ocean Services Ltd (Zaggle) to launch biodegradable co-branded twin credit cards to target the Gen Z and Millennial segments. The PNB-Zaggle Co-branded Twin…
BharatPe has partnered with YES BANK to launch BharatPe Flex, a Credit-on-UPI solution designed for everyday digital transactions. The service integrates a credit line into the Unified Payments Interface (UPI) ecosystem…
AU Small Finance Bank (AU SFB) and CheQ have launched a co-branded credit card featuring an LED-powered tap-to-pay indicator. The LED feature is powered by the Near Field Communication (NFC) field of the point-of-sale…
ICICI Bank and Visa have launched India's first US dollar (USD) denominated debit card for Non-Resident Indian (NRI) customers. The card is offered through the IFSC Banking Unit (IBU) of ICICI Bank at Gujarat…
Odisha launches GO-EAST policy and revises Industrial Policy Resolution (IPR)
Key Updates:
- Chief Minister Mohan Charan Majhi launched the Government of Odisha-Eastern Investment Accelerator and Special Task Force (GO-EAST) to attract industries from eastern and northeastern states.
- A GO-EAST Cell and a special Go SWIFT module will be established for real-time monitoring and tracking of the investment process and grant status.
- The Industrial Policy Resolution (IPR) 2022 was amended to promote non-mineral-based industries in 15 backward districts, including Balangir, Kalahandi, Nuapada, Kandhamal, Boudh, and Gajapati.
- The revised policy promotes diversification into sectors including textiles, food processing, engineering, chemicals, electronics, and value-added manufacturing.
- Since June 2024, Odisha has approved 477 projects worth nearly ₹9.5 trillion, reducing the industry establishment time from 400 days to less than 160 days.
- The state signed MoUs with seven companies for investments totalling around ₹24,823 crore: Shyam Metallicks (₹20,000 crore), Singhal Steel and Power (₹1,301 crore), K Urja (₹2,472 crore), CESC Green Energy (₹684 crore), Nandaraj Textile (₹169 crore), Hebe Steel (₹100 crore), and Mascot Steel (₹98 crore).
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President Droupadi Murmu and Prime Minister (PM) Narendra Modi inaugurated 60 projects and laid foundation stones for 12 projects worth ₹47,600 crore on 20 June 2026 in Rairangpur, Odisha. The development projects cover…
Invest UP and Invest India have agreed to strengthen collaboration to attract greater domestic and foreign investments into Uttar Pradesh. The decision was taken during a high-level meeting in Lucknow attended by Invest…
The High-Level Clearance Authority (HLCA) approved 20 major industrial projects with a cumulative investment of ₹76,611.86 crore. These projects are expected to generate 50,517 employment opportunities across nine…
The Gujarat government proposed Project Transition for Harmonized Relocation and Inclusive Vibrant Economy (THRIVE) to encourage industries within municipal corporation limits to relocate outside urban areas. Under the…
Mumbai Port Authority Development Pipeline: Rs 5,028.17 Crore Outlay
Key Updates:
- Union Minister for Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal announced a development pipeline worth Rs 5,028.17 crore for the Mumbai Port Authority.
- The development plan consists of 63 projects covering infrastructure expansion, waterfront development, logistics upgrades, and operational improvements under the vision of Viksit Bharat 2047.
- The project pipeline includes seven completed projects worth Rs 132.29 crore, 34 foundation stone-laying projects worth Rs 1,354.59 crore, and 22 newly announced projects valued at Rs 3,541.29 crore.
- Two key agreements were announced during the event, namely the Indira Dock Operations and Maintenance Agreement and the Viksit Bharat Mumbai Marina Agreement.
- The MoPSW highlighted that the initiatives aim to strengthen port infrastructure, improve logistics efficiency, and expand cruise tourism during the 154th Foundation Day of the port.
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Deendayal Port Authority (DPA), Kandla was honoured with the Sagar Aankalan Award for the financial year 2024–25. The award was granted under the category Handling of Container Cargo – Less than 0.5 Million TEUs.
Prime Minister Narendra Modi will launch development projects worth more than ₹21,700 crore across Gujarat, Daman and Diu, and Lakshadweep on June 5. Projects in Gujarat worth ₹18,800 crore include the dedication of…
President Droupadi Murmu and Prime Minister Narendra Modi jointly unveiled development projects worth more than ₹47,600 crore in Odisha to enhance energy security and infrastructure. The foundation stone was laid for the…
Union Minister for Communications and Development of North Eastern Region (MDoNER) Jyotiraditya M. Scindia launched Mission Sikkim Organics with a total programme outlay of ₹360 crore during the 51st Statehood Day of…
AIR SUVIDHA 2.0 Portal Launched for Ebola Screening of International Travellers
Key Updates:
- The Ministry of Civil Aviation (MoCA), in collaboration with Delhi International Airport Limited (DIAL), launched AIR SUVIDHA 2.0 to strengthen public health surveillance at Points of Entry across India.
- The upgraded portal was developed in collaboration with the Directorate General of Health Services (DGHS), Ministry of Health and Family Welfare (MoHFW), following the World Health Organization (WHO) declaration of the Ebola outbreak as a Public Health Emergency of International Concern (PHEIC).
- International passengers arriving in India are required to submit an online Health Self-Declaration Form (SDF) up to 24 hours before arrival, providing details of their 21-day travel history, exposure history, and related symptoms.
- The portal enables real-time sharing of passenger information with the Airport Health Officer, Bureau of Immigration, Integrated Disease Surveillance Programme (IDSP), and State Surveillance Officers to identify at-risk travellers.
- The current outbreak has been confirmed as Bundibugyo virus disease (BVD), with the WHO assessing neighbouring countries, including South Sudan, as being at high risk of transmission.
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Delhi International Airport Limited (DIAL) will implement an Automated People Mover (APM) to link Terminals 3/2, T1, Aerocity, and cargo city. The project is estimated to cost between ₹3,000 crore and ₹4,000 crore and…
India has activated the Air Suvidha portal for passengers arriving from or transiting through Ebola-affected countries, requiring a mandatory online Self-Declaration Form (SDF) before deboarding. The portal reactivation…
The Union Minister of Civil Aviation (MoCA), K Ram Mohan Naidu, inaugurated the first hub-and-spoke flight connecting Varanasi to international destinations via New Delhi. The initiative is part of the 'Easy Connect'…
Navi Mumbai International Airport (NMIA) and Lokpriya Gopinath Bordoloi International Airport (LGBIA) have been featured in the World’s Most Beautiful Airports 2026 list by Prix Versailles. This marks the first time two…
Embark India Development Fellowship: Policy Research and Governance Support
Key Updates:
- The Ministry of Statistics and Programme Implementation (MoSPI) signed a Statement of Intent (SoI) with the Grassroots Research and Advocacy Movement (GRAAM) to launch the Embark India Development Fellowship.
- The fellowship initiative aims to engage two fellows to strengthen policy research, governance innovation, and capacity-building initiatives within MoSPI.
- The SoI was formally signed by Dr. Basavaraju R. Shreshta, Executive Director of GRAAM, and Prasoon Verma, Director of the Training Unit in MoSPI’s Capacity Development Division.
- Selected fellows will support the development of innovative solutions in areas such as public policy, capacity building, data governance, and programme implementation.
- The partnership seeks to combine academic and field-based research expertise with policy execution to provide participants exposure to national-level public administration and policy formulation.
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Seven students from Chandigarh University (CU) have been awarded the IndiaAI Fellowship of Rs. 1 lakh each for innovative projects in Artificial Intelligence (AI) and Machine Learning (ML). Under the IndiaAI Mission, the…
Rao Inderjit Singh is Minister of State (Independent Charge) of Ministry of Statistics and Programme Implementation (MoSPI). He also holds Minister of State (Independent Charge) of Ministry of Planning.
Sangeet Natak Akademi (SNA), established in 1953 under the Ministry of Culture, is India's apex national body for the performing arts. Seven personalities were selected as Akademi Fellows (Akademi Ratna): Ramlal Bareth…
The Ministry of Statistics & Programme Implementation (MoSPI) has released uniform guidelines for the compilation of District Domestic Product (DDP) estimates with the base year 2022-23. The National Statistics Office…
Youth Co-Lab National Innovation Challenge 2026: Six youth-led startups win seed grants
Key Updates:
- Six youth-led startups won the 8th edition of the Youth Co-Lab National Innovation Challenge 2026.
- The initiative is jointly led by the United Nations Development Programme (UNDP) India and Citi Foundation, in partnership with the Atal Innovation Mission (AIM), NITI Aayog, and implemented by the T-Hub Foundation.
- The challenge received more than 350 applications from startups across 28 states to promote youth-led innovation and the Sustainable Development Goals.
- Fifty high-potential startups were shortlisted for the National Springboard Programme, a three-month virtual capacity-building initiative supported by 16 industry mentors and domain experts.
- Winning startups received seed grants of ₹3,50,000 each, while the runners-up were awarded ₹2,20,000 each.
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Axis Bank signed a Memorandum of Understanding (MoU) with Birla Institute of Technology and Science (BITS) Pilani to establish the Axis Bank–BITS Industry Research, Technology & Innovation Park at the BITS Pilani…
The Ministry of Skill Development and Entrepreneurship (MSDE) launched ‘Navachar Mantra’, a national initiative to strengthen grassroots entrepreneurship and support scalable innovations from Tier 2, Tier 3, and rural…
The Digital India BHASHINI Division (DIBD), under the Ministry of Electronics and Information Technology (MeitY), launched the VYOMA Innovation Challenge to develop open-source, multilingual and voice-first artificial…
Punjab FC won the All India Football Federation (AIFF) Elite Youth League 2025-26 by defeating Zinc Football Academy 3-0 in the final. The final match was held at the Ramsar Sahib Sports Stadium in Gharshankar.
Japan Prime Minister Sanae Takaichi to attend 16th India-Japan Annual Summit from July 1 to 3
Key Updates:
- Japanese Prime Minister Sanae Takaichi will visit New Delhi from July 1 to 3 for the 16th India-Japan Annual Summit.
- The visit marks the first official trip to India for Sanae Takaichi since assuming office.
- The summit is being held at the invitation of Prime Minister Narendra Modi.
- The Ministry of External Affairs (MEA) stated the summit will review bilateral cooperation and exchange views on regional and global issues.
- The event follows the 15th India-Japan Annual Summit held in Tokyo in August 2025 under the India–Japan Special Strategic and Global Partnership.
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Japanese Prime Minister Sanae Takaichi is exploring a visit to India in July for the annual Summit. The visit aims to strengthen cooperation in security to counter China's increasing economic pressure on other nations.
South Korean President Lee Jae-myung arrived in India for a three-day state visit, the first by a South Korean leader in over eight years. The visit aims to advance the India–South Korea Special Strategic Partnership, a…
US Secretary of State Marco Rubio will undertake a four-day visit to India from May 23-26 to further cooperation in trade, defence, and energy. The visit will include travel to the cities of Kolkata, Agra, Jaipur, and…
India hosted the Quadrilateral Security Dialogue (Quad) foreign ministers' meeting on 26 May 2026. The meeting was chaired by the External Affairs Minister (EAM) S Jaishankar and attended by United States (US) Secretary…
India and Seychelles Strengthen Strategic Partnership During Prime Minister Narendra Modi’s State Visit
Key Updates:
- Prime Minister Narendra Modi visited Seychelles from June 27 to 29, 2026, as the Guest of Honour for the nation's Golden Jubilee National Day celebrations.
- The visit focused on implementing the India-Seychelles Joint Vision for Sustainability, Economic Growth and Security through Enhanced Linkages (SESEL) roadmap established with President Patrick Herminie.
- India is transitioning its maritime doctrine from Security and Growth for All in the Region (SAGAR) to Mutual and Holistic Advancement for Security and Growth Across Regions (MAHASAGAR).
- A Special Economic Package of USD 175 million was highlighted, comprising a USD 125 million Line of Credit in Indian Rupees and USD 50 million in grant assistance.
- Bilateral cooperation includes Digital Public Infrastructure (DPI) platforms like Aadhaar and Unified Payments Interface (UPI), alongside maritime security assets such as coastal surveillance systems and hydrographic surveys.
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Defence Minister Rajnath Singh and General Phan Van Giang reviewed the bilateral partnership in maritime security, defence industry, training, and regional stability in Hanoi. The ministers virtually inaugurated a…
India and the United States (US) conducted the 29th edition of the Army-to-Army Staff Talks (AAST) in Hawaii to deepen bilateral defence cooperation. The AAST was co-chaired by Lieutenant General Rajiv Ghai, Deputy Chief…
India and the United Arab Emirates (UAE) signed seven key agreements during Prime Minister Narendra Modi's visit. A strategic collaboration agreement was signed between Indian Strategic Petroleum Reserves Limited and Abu…
INS Sunayna, a Saryu-class Offshore Patrol Vessel, reached Male on Sunday as part of the Indian Ocean Ship (IOS) SAGAR initiative. The deployment is the first international stop of a 50-day overseas mission and carries…
India launches Operation Amistad to send medical team and relief supplies to earthquake-hit Venezuela
Key Updates:
- India launched Operation Amistad to send a specialised Indian Army (IA) medical contingent and humanitarian assistance to earthquake-hit Venezuela.
- Two Indian Air Force (IAF) C-17 Globemaster planes were deployed to carry the medical team and nearly six tonnes of humanitarian aid.
- The medical contingent consists of a 41-member team from the IA's 60 Para Field Hospital, including nine medical officers and healthcare personnel.
- The assistance includes the BHISHM Cube under the Aarogya Maitri Project, a modular field hospital designed for advanced trauma care and intensive care for up to 200 patients.
- The operation follows two powerful earthquakes in northern Venezuela that resulted in at least 235 deaths and thousands of injuries.
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Prime Minister Narendra Modi and Vice President C.P. Radhakrishnan expressed grief and offered India's assistance to Venezuela following a series of powerful earthquakes. The United States Geological Survey (USGS)…
Prime Minister Narendra Modi and Vice President C.P. Radhakrishnan expressed grief and solidarity with Venezuela following a series of powerful earthquakes. The United States Geological Survey (USGS) reported a magnitude…
The second technical meeting of the BRICS Disaster Risk Reduction (DRR) Working Group was held in Puri, Odisha, from June 3 to 5, 2026, under India's presidency. The meeting brought together officials from 11 member and…
India delivered humanitarian assistance and disaster relief (HADR) materials to Afghanistan including kitchen sets, hygiene kits, plastic sheets, tarpaulins, and sleeping bags. The Ministry of External Affairs (MEA)…
BRICS National Security Advisers hold 16th meeting in New Delhi on 23 June 2026
Key Updates:
- The 16th BRICS National Security Advisers’ (NSAs) Meeting was held in New Delhi on 23 June 2026.
- The NSAs deliberated on non-traditional security challenges including energy security, food security, supply chain security, cyber security, and climate-induced instability.
- The meeting reviewed outcomes of the BRICS Joint Working Groups on Counter-Terrorism held on 21-22 May and on Security in the use of Information and Communication Technologies held on 8-9 June.
- Member countries committed to enhancing information sharing and coordinating law enforcement agencies to counter terrorism and cyber risks.
- India will hold the BRICS Chairmanship in 2026 under the theme ‘Building for Resilience, Innovation, Cooperation and Sustainability’.
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India will host the BRICS National Security Advisers' (NSA) Meeting on June 22 and 23, with National Security Adviser (NSA) Ajit Doval chairing the deliberations. The meeting will focus on the theme Non-traditional…
Indian National Security Adviser (NSA) Ajit Doval and Chinese Foreign Minister Wang Yi met on 22 June 2026 in New Delhi. The meeting was conducted on the sidelines of the BRICS National Security Advisers' meeting.
India will host the 11th BRICS Energy Ministers’ Meeting in Gurugram, Haryana, on June 25-26 under its BRICS Chairship 2026. The meeting is guided by the theme Building for Resilience, Innovation, Cooperation and…
The 13th BRICS Urbanisation Forum was inaugurated by the Union Minister of Housing and Urban Affairs (MoHUA) on 11 June 2026 at Sushma Swaraj Bhavan, New Delhi. The forum was hosted under India's BRICS Chairship in 2026…
Indian Air Force receives Final Operational Clearance for indigenous Netra AEW&C system on June 25
Key Updates:
- The Indian Air Force (IAF) received the Final Operational Clearance (FOC) for the indigenous Netra Airborne Early Warning and Control (AEW&C) system.
- The Defence Research and Development Organisation (DRDO) handed over the FOC certificate to the IAF at a ceremony in Bengaluru on June 25.
- The Netra AEW&C system had previously received Initial Operational Clearance (IOC) in 2017.
- The system was developed jointly by the IAF, DRDO, and industry partners to enhance airborne surveillance, situational awareness, and battle management capabilities.
- The system has been operationally utilised during Operation Sindoor and the Balakot strikes.
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The Ministry of Home Affairs (MHA) has received 'Prajna', an indigenously developed AI-enabled satellite imaging system. Prajna was developed by the Centre for Artificial Intelligence and Robotics (CAIR) of the Defence…
The Indian Air Force (IAF) signed three contracts with the Indian Institute of Technology Bombay (IIT-B) for the adoption of predictive maintenance for Su-30 MKI aircraft. The initiative aims to reduce service costs and…
India is receiving the fourth squadron of the S-400 Triumf air defence system, officially designated as Sudarshan Chakra by the Indian Air Force (IAF). The procurement of five squadrons was finalised in October 2018 for…
Australia and Canada signed a $2.5 billion deal for Canada to acquire an over-the-horizon radar system, marking Australia's most valuable defence export ever. The radar system is modelled on Australia's Jindalee…
India Launches World's First Nuclear Process Heat-Based Hydrogen Production Facility
Key Updates:
- Secretary of the Department of Atomic Energy (DAE), Ajit Kumar Mohanty, inaugurated the world's first hydrogen production facility based on the Copper-Chlorine (Cu-Cl) Thermochemical Cycle.
- The facility utilises nuclear process heat generated from the Fast Breeder Test Reactor (FBTR) at the Indira Gandhi Centre for Atomic Research (IGCAR) in Kalpakkam.
- The Cu-Cl thermochemical process was developed indigenously by the Bhabha Atomic Research Centre (BARC) in Mumbai.
- The facility has been established as a technology demonstrator to validate the production of hydrogen using nuclear energy.
- The commissioning of the facility was a joint effort involving research, engineering design, and installation by BARC and IGCAR.
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The Ministry of New and Renewable Energy (MNRE) approved the first batch of ₹22 crore support for nine startups under the ₹100 crore startup support programme of the National Green Hydrogen Mission (NGHM). The MNRE…
The Indian Institute of Technology (IIT) Hyderabad will establish 'CODENE', the country's first Centre of Design Excellence in Nuclear Engineering. IIT Hyderabad signed a tripartite memorandum of understanding with CEEPL…
Union Minister of Education Dharmendra Pradhan inaugurated India’s first Integrated Carbon Capture, Utilisation and Storage (CCUS) Field Laboratory Facility under Bharat Innovates 2026 at the Indian Institute of…
NLC India Limited (NLCIL) signed a Non-Disclosure Agreement (NDA) with EDF – France on 27 April 2026 to explore the development of nuclear projects in India. The collaboration focuses on Evolutionary Power Reactor (EPR)…
Sports
Viswanathan Anand receives SJFI medal
Key Updates:
- Viswanathan Anand received the Sports Journalists’ Federation of India (SJFI) medal at the Madras Cricket Club (MCC) in Chennai.
- The award ceremony was hosted in partnership with the Tamil Nadu Sports Journalists’ Association (TNSJA).
- Anand currently serves as the deputy president of the chess governing body FIDE.
- The medal was presented to the five-time world chess champion by former India cricket team captain and chief selector K. Srikkanth.
- Other recipients of the SJFI medal include Sunil Gavaskar, Vijay Amritraj, Prakash Padukone, P.T. Usha, and Milkha Singh (posthumously).
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Lieutenant Vishal Kumar won the Sword of Honour and the President’s Gold Medal at the Indian Military Academy (IMA) passing out parade. The event took place in Dehradun.
Raja Randhir Singh, a five-time Olympian and Arjuna Awardee shooter, passed away at the age of 80 in New Delhi on May 27, 2026. He was the first Indian shooter to win a gold medal at the Asian Games in the trap event.
Carolina Marin, the 2016 Rio Olympics gold medallist, has announced her retirement from professional badminton at the age of 32. She became the first Olympic badminton champion from Spain by defeating India's P.V. Sindhu…
Payal Nag defeated world No.1 Sheetal Devi 139-136 to claim the compound women’s individual gold at the World Archery Para Series in Bangkok. She partnered Sheetal Devi to secure the team gold, helping India finish atop…
World’s Best School Prizes 2026 Shortlist Announced on June 26
Key Updates:
- Seven Indian schools have been named in the top 10 shortlist for the World’s Best School Prizes 2026, setting a record for the highest number of schools from a single country in one year.
- The prizes were founded by UK-headquartered T4 Education across five categories to recognise schools that are changing lives in classrooms and beyond.
- In the Innovation category, PCMC Chhatrapati Shahuji Maharaj English Medium School in Pune and Army Goodwill School Wuzur in Anantnag, Jammu and Kashmir, have been shortlisted.
- Three schools shortlisted for Community Collaboration are Healthy Planet TGA Early Years School in Noida, Inventure Academy in Bengaluru, and Seth MR Jaipuria School in Lucknow.
- EuroSchool Bannerghatta in Bengaluru is shortlisted for Environmental Action, while Seth Anandram Jaipuria School in Lucknow is shortlisted for Supporting Healthy Lives.
- The winners will be chosen by an expert Judging Academy and announced in November, with all 50 shortlisted schools participating in a public vote for the Community Choice Award.
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Chief Minister Siddaramaiah will lay the foundation stone for the construction of 1,000 Karnataka Public Schools (KPS) across the state at Shivamogga on June 1. The initiative involves an estimated expenditure of ₹3.5…
Mundra Port has become India’s largest automobile export hub by shipping 6,008 cars on a single vessel. The port’s Roll-on/Roll-off (RoRo) terminal exports vehicles to more than 100 countries.
National Institution for Transforming India (NITI Aayog) released a policy report titled School Education System in India: Temporal Analysis and Policy Roadmap for Quality Enhancement. The report presents a decade-long…
Esha Singh won the gold medal in the women's 25m pistol event at the International Shooting Sport Federation (ISSF) Munich World Cup. Esha Singh set two world records by scoring 43 in the final.
International MSME Day observed on 27 June
Key Updates:
- International MSME Day, also known as Micro-, Small and Medium-sized Enterprises Day, is observed globally on 27 June every year.
- The United Nations General Assembly (UNGA) designated this day to recognise the contribution of MSMEs to sustainable development and the global economy.
- According to the United Nations (UN), MSMEs represent approximately 90 percent of businesses and contribute more than 70 percent of employment worldwide.
- In emerging markets, formal MSMEs are key economic drivers, contributing up to 40 percent of the national income or Gross Domestic Product (GDP).
- The 2026 observance includes the introduction of United Nations Industrial Development Organization (UNIDO) initiatives such as the ONE World Sustainability Awards.
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World Environment Day 2026 will be observed on 5 June 2026 with the official theme Now For Climate. The global celebrations for 2026 will take place in Baku, Azerbaijan, as selected by the United Nations Environment…
The International Day Against Drug Abuse and Illicit Trafficking (World Drug Day) is observed globally on June 26 every year. The day was established by the United Nations General Assembly (UNGA) through Resolution…
International Tea Day is observed annually on May 21. The official themes for International Tea Day 2026 are Fostering Growth and Inclusion and Sustaining Tea, Supporting Communities.
World Bee Day is observed every year on May 20 to create awareness about the importance of bees and other pollinators. The theme for World Bee Day 2026 focuses on protecting pollinators and promoting sustainable…
Samvidhan Hatya Diwas observed on June 25
Key Updates:
- The National Democratic Alliance (NDA) government observes June 25 as 'Samvidhan Hatya Diwas' to commemorate the anniversary of the 1975 Emergency.
- The Emergency Proclamation was issued on June 25, 1975, by the then-President Fakhruddin Ali Ahmed under Article 352, citing internal disturbance.
- India was placed under an Emergency between June 25, 1975, and March 21, 1977.
- Opposition leaders, including Jayaprakash Narayan, were arrested during this period under the Maintenance of Internal Security Act (MISA).
- According to the Shah Commission reports, the Emergency period witnessed mass detention, a sterilisation drive, and censorship of the press.
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Samvidhan Hatya Diwas is observed on June 25. The day commemorates 50 years of the Emergency.
Prime Minister Narendra Modi inaugurated Karmayogi Sadhana Week 2026 on 2 April 2026. The initiative promotes the mantra 'Nagrik Devo Bhav' for citizen-centric governance.
Prabhjeet Singh stepped down as President of Uber India and South Asia
Key Updates:
- Prabhjeet Singh has stepped down from the role of President of Uber India and South Asia.
- Singh had an association with the ride-hailing company for 11 years.
- He left the position to pursue another leadership opportunity.
- Singh played a significant role in shaping the operations of Uber across India and South Asia.
- The company has not yet announced a successor to Singh.
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Sanjay Kumar Jain resigned as the Chairman and Managing Director (CMD) of the Indian Railway Catering and Tourism Corporation (IRCTC). The Ministry of Railways approved the resignation with effect from July 20, 2026.
Campbell Wilson has announced his resignation as the Chief Executive Officer (CEO) and Managing Director (MD) of Air India. He was appointed to the position in 2022 on a five-year contract that was originally scheduled…
Suresh Sethi has been appointed as the Group Country Manager for India and South Asia at Visa. Sethi will lead Visa's strategy and operations across India, Bangladesh, Sri Lanka, Nepal, Maldives, and Bhutan.
Adani Ports and Special Economic Zone (APSEZ) has secured a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project. The deal involves an estimated investment commitment of $70…
